Recently failed to hold and failed to recover.. and dipped below the 8 year uptrend support channel. (orange rising)
Below 50 SMA (red above)
Below 7$ historic resistance. (orange horizontal)
Riding the short-term downward trend
Downward trending stochastic.
the only thing technically that seems to hold the price is the 200 SMA (green above)
Below 50 SMA (red above)
Below 7$ historic resistance. (orange horizontal)
Riding the short-term downward trend
Downward trending stochastic.
the only thing technically that seems to hold the price is the 200 SMA (green above)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.